Search Results for: ipo

Netlink Trust IPO – who benefits the most?

If you answered Singtel shareholders… Not bad. You close. Big daddy lah! Or to be precise, Temasek. Smart people. Perspective from not bei kambing retail investor   Those of us who have core holdings that we’ve owned for ages. Would you sell 75% of a stock that’s still growing, performing, and giving you good dividends? You only do so when the reasons you bought have changed. Or the valuations have gotten a bit “rich”. You take some money off the table… (risk management, re-balancing that sort of stuff) Talking about risk management. If you have taken too much debt/leverage...

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IPO Analysis: NetLink Trust

I was alerted to NetLink’s IPO by my broker, who contacted me two weeks ago to offer private placement shares. The IPO officially opens tomorrow for public subscription, and there’s been a lot of media hype over what is being said to be the year’s “biggest IPO”. I’ve started analysing the IPO prospectus last week but sat on this post for the longest time because its insanely verbose and boring 516 pages put me to sleep on a few occasions -.-Sorry to everyone who has been waiting! Without further ado, here’s my take.Details:– 2.89 billion shares for offer at $0.81...

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Netlink NBN Trust IPO – The Fibre of Smart Nation

Singtel has filed a preliminary prospectus to list one of its associates, Netlink NBN Trust to list on the Singapore Exchange. They were given a deadline by the IMDA to spin off their infrastructure division but still held 24.99% unitholding of the Trust after the offering. There is a book-building process which will determine the offering price between the range of $0.80 (minimum) to $0.93 (maximum). This will be huge because we are talking about a potential market cap size of between $3,091.2m (based on minimum offering price) to $3,593.5m (based on maximum offering price). Business Overview The Trust...

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HNA Commercial REIT – Another Upcoming Monster Size IPO

While everyone are buzzing around the upcoming monster IPO next Month (July 2017), Netlink Trust, do you know that there is another potential monster size IPO in 2017? It’s HNA Commercial REIT. While it is still too early to provide the exact details, here are some known information of HNA Commercial REIT: Estimated Issue Size : $$775 millions Estimated Market Capitalization : S$780 millions to S$800 millions REIT Manager : HNA-A EP REIT Management (Shenzen listed HNA Investment Group has 75% stake) in partnership with Singapore-based property fund management firm AEP Investment Management. Estimated gearing : 28.6% Portfolio: 5...

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NETLINK TRUST IPO and STI

Based on the closing prices of stocks yesterday, the following are the list of overbought and oversold Singapore stocks. Overbought Singapore stocks Singtel Oversold Singapore stocks ComfortDelgo Genting Singapore HongKong Land Looking at the results above, I believe Singtel could have been overbought due to the investors’ hype over Netlink Trust, which is tipped to be the largest local stock listing here since Hutchinson Port Holdings Trust. However, to me, while the listing of IPO of a significant size in Singapore will be good for the local bourse in terms of track record, especially when it comes to attracting...

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The NetLink Trust IPO – A Good 5% Dividend Yield Stock to Hold?

Our biggest telecom operator Singtel decides to spin off their infrastructure subsidiary NetLink in probably one of the biggest IPO this year. Singtel’s parent Temasek Holdings, was given a deadline of April 2018 to reduce its interest in NetLink by the Infocomm Develeopment Authority. IPO is an opportunity for you to play a pseudo lottery when you have a better odds than TOTO and 4D (well sometimes). However, there may be some gems that you could buy and hold on to for some time. We can recall stocks like Sarine, Suntec, Jumbo for example, that falls into this group....

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Netlink Trust – This Year’s Biggest IPO Is Coming In July 2017

Finally, the long-awaited Netlink Trust‘s IPO is more or less confirmed and its launch is just around the corner. Netlink Trust is the broadband arm of Singtel, as part of the infocomm regulator requirements, Singtel is forced to divest itself of more than 75 per cent of NetLink Trust before April next year. Following are some key information of the upcoming Netlink Trust’s IPO: Issuing units : 2.9 billions IPO Price Range : 80 cents to 93 cents Joint Issue Manager : DBS, Morgan Stanley and UBS  To be listed on : Singapore Exchange (SGX) Mainboard To be priced...

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Temasek Holdings’ Pre-IPO investment in HRnetGroup

On 16 June 2017, HRnetGroup’s IPO on the SGX Mainboard created much hype among retail investors and local finance bloggers. Many investors had wanted a slice of the IPO because of the excellent financial performance indicated in the prospectus. But many investors may not be aware of Temasek Holding’s Pre-IPO investment in HRnetGroup. What is pre-IPO and does it matter to you from the perspective of a stock investor? Read on to find out how the big boys make money in this game. Fundamentally, how big boys like Temasek Holdings make money is very different from retail investors in...

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HRnetGroup Limited – IPO Balloting Results

HRnetGroup Limited balloting results is out. Placement of 85,682,000 shares is approximately 13.17 times subscribed due to strong demand from international and local institutional investors. Public offer of 3,359,200 shares is approximately 68.34 times subscribed by retail investors. Chances are actually pretty evenly big if you are one of them who apply to the shares. 9:50 means for every 100, 18 will get it. So the probability is quite high at 18%. Most of the tranches applied between 100,000 to 199,000 with 30.2%. I did apply 51,000 shares and still can’t break my bad luck streak of not getting...

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Why The 2 Upcoming IPOs (World Class Global and HRnetGroup) Do Not Strike A Chord With Me?

If you have not already know, this week alone, there are 2 new IPOs coming on board. They are: World Class Global Limited – Offer at 26 cents per share and will close tomorrow (13/06/2017), 12 PM ; HRnetGroup – Offer at 90 cents per share and will close on Wednesay (14/06/2017), 12 PM After my little lucky break with Sanli’s IPO (click here to see more) which I managed to release my 3,000 share on the first day of IPO at 37 cents subsequently, it might seems naturally for me to whack any new IPOs coming on board....

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IPO Analysis : World Class Global & HRnetGroup

Is the stock market picking up? In just two weeks, we’ve seen 3 IPOs on SGX – usually a sign of a bullish market sentiment. And while I prefer to sell during such times, I don’t usually rule out spending on IPOs especially if their valuations are cheap or decent enough for me. Unfortunately I wasn’t allocated any shares of Sanli Group last week when the results were announced (sorry for not blogging about them – I literally finished my analysis 12 hours before the IPO application deadline and didn’t have enough time to churn out a blog post!)....

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HRnetGroup Limited IPO – Is This A Good Buy?

HRnetGroup Limited is going public by offering 89.4m shares which made up of 85.6m shares under placement and 3.8m shares under the public offer. The IPO will close on the 14th Jun at 12pm with a market cap of approximately $900m, which makes it one of the top IPO for this year in the SGX market. The issue price is at $0.90 per share. About The Company HRnetGroup Limited is the largest Asia based recruitment agency in Asia Pacific with a dominance presence in Singapore. It currently operates in a few key growth markets such as Tokyo, Hongkong and...

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Sanli Environmental Limited – The Hot IPO is 12.8 Times Subscribed

The latest IPO counter, Sanli Environmental Limited, received strong investors interest with 12.8 times subscription (for the 52 millions shares @ $0.225 each). As per my earlier post, I’ve tried my luck too and applied for some minion lots. This time round, I have a lucky break, managed to get 3,000 shares.. :-) If I remember correctly, this is the most IPO shares that I’ve gotten so far. Sanli Environmental Limited will start trading from tomorrow (08/06/2017), 9 AM. I guess the next question is: what would be the opening day’s price? Let’s do a poll, do you think it’s opening...

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WORLD CLASS GLOBAL IPO

WORLD CLASS GLOBAL IPO is the latest IPO for retail investors here . WORLD CLASS GLOBAL is the property arm of Aspial Corp, a listed entity on SGX and it is involved in property development in Australia and Malaysia. Details of World Class Global IPO are below, for readers’ information please. Number of shares: 136 million shares- 132 million placement and 4 million offer shares IPO price per share: $0.26 Timeline: Subscription for public: 7 Jun 2017 0900 hrs to 13 Jun 1200 hrs Date of trading: 15 Jun 2017, 0900hrs on a “ready” basis Market capitalization after IPO:...

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IPO – Sanli Environment Limited

The latest IPO, Sanli Environment Limited, which is going to be listed in Catalist, will be ending its offer tomorrow (6th June 2017, 12 PM) and start trading on 8th June 2017 (Thu). As Mr IPO has came up with a very good summary of the pros and cons of this upcoming IPO, for those who are interested to know more details about this upcoming IPO, can check out his post here. Oh! By the way, this IPO @ $0.225 obtained the hottest IPO rating (i.e. 3 Chillis) from Mr IPO :-) I’ve just applied some minion lots today to...

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